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$605,870

NAL Estimated Property Value

2229 Forest Hollow Park, Dallas, TX, 75228

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,418 Sq Ft
price_per_sqft$247.73 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,192 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN007039000B0070000
Lot Number7
SubdivisionStonegate At Forest Hills
Land UseResidential
Legal DescriptionSTONEGATE AT FOREST HILLS BLK B/7039 LT 7 INT202200266487 DD10062022 CO-DC 7039 00B 00700 3DA7039 00B
Census Tract012209
Assessed Land Value$100,000
Assessed Improvement Value$505,870
Assessment Year2025

About this property

Tucked away on a quiet street in a popular East Dallas premier gated Stone Gate community. Just minutes to White Rock Lake, St. Francis Park and the Arboretum. A wall of windows highlights the spacious backyard. The home offers one of the larger backyards for the neighborhood. Pristine and move in ready. Wood floors in the living areas,. Open floor plan and 28’ foot ceilings in the living area. Kitchen offers granite counters and a center island which overlooks the living area and backyard. SS oven, gas cooktop, microwave. Abundance of cabinet space and storage. Downstairs Primary bedroom. Large Primary bathroom with great closet space. Additional two generous sized bedrooms and closet space with Jack and Jill Bathroom. Wonderful upstairs game for the kids with plenty of space for play and school work or home office space. Neighborhood features it's own private park. Numerous updates by the current Sellers. Back on property. N0 fault of the property!

Investor Tools

Property Icon
$605,870
Estimated Property Value
$442,376Estimated Mortgage Balance
$163,494Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,635 /month
Positive
Cash Flow Estimate:
$1,212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,042/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,472
$605,870
2025
$100,000
$505,870
$605,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,472
$605,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Silicon Valley Bank
Conventional
$476,000
No
First
Oct 6, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$442,376
$163,494
26%
73%
$2,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,470/mo
$-498/mo
3.9%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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2229 Forest Hollow Park | Property Details | No Agent List